EXHIBIT 23


                       CONSENT OF INDEPENDENT ACCOUNTANTS

     We consent to the incorporation by reference in the Registration Statements
and Prospectuses of Baltimore Gas and Electric Company on Forms S-8 (File Nos.
33-56084, 33-59545, and 333-45051) and Forms S-3 (File Nos. 33-49801, 33-45260,
33-33559, 33-57658, 333-22697, 333-32311, 333-59601, and 333-66015) of our
report dated January 15, 1999 on our audits of the consolidated financial
statements of Baltimore Gas and Electric Company as of December 31, 1998 and
1997 and for the three years in the period ended December 31, 1998, which report
is included in this Form 8-K.



                                        /s/ PricewaterhouseCoopers LLP
                                        ------------------------------
                                        PRICEWATERHOUSECOOPERS LLP

Baltimore, Maryland
March 1, 1999